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20130221
20130221
Search Results 0 to 3 of about 4 (some duplicates have been removed)
declared an emergency. the detroit's current budget deficit topped $326 million. but the city's long-term liability more than $14 billion may be the larger problem. one detroit lawmaker wants american taxpayers to bail out the city. >> after the election of jimmy carter, he went to washington, d.c., he came back home with bacon. that is what you do. that's what you do. our people overwhelming support the re-election of the president. quid pro quo. >> andrea: quid pro quo as if there was any doubt that detroit might support president obama. >> dana: detroit isn't going down the tubes. it is already there. anything that going down the tubes coming out in detroit. democratic leadership. so much for the dictatorship of the prolotarian. it can't just be the auto industry. look at chicago and baltimore. you can't say it's just the union. >> andrea: and it's unfunded liabilities, bob. what are they going to do now? talk about bringing in an emergency manager. the same woman we played for you when we heard they might bring in an emergency manager to manage the finances, she said this takeove
gutfeld. it's 5:00 in new york city. this is "the five." ♪ ♪ >> andrea: another dramatic deadline looms for the nation and congress is again nowhere to be found. a wave of deep spending cuts are scheduled to take effect on march 1 that could cost hundreds and thousands of american jobs. lawmakers are on vacation until monday. now obama has been out selling his side of the fiscal fight on local television. >> the automatic spending cuts put in place in 2007 were designed to get congress to avoid them to come together with sensible approaches to debt reduction. >> andrea: john boehner called the current budget crisis one that the president, himself, created. >> this sequester was the president's idea. his party needs to follow through on their plans to replace them. >> andrea: this was the president's idea. carney the press secretary admitted as much to bret baier. the president in 2011 said he would veto any attempt to try to replace the cuts. now he is crying help, what do we do? kimberly, this sequester, i see it as two issues here. the political and policy. the policy being the actual
Search Results 0 to 3 of about 4 (some duplicates have been removed)